Saturday, August 08
Fully electric car sales in December overtook petrol for the first time in the European Union, even as policymakers proposed to loosen emissions regulations, data showed on Tuesday.U.S. battery-electric brand Tesla continued to lose market share to competitors including China's BYD and Europe's best-selling group Volkswagen, data from the European auto lobby ACEA showed.Car sales throughout Europe sustained a sixth straight month of year-on-year growth, with overall registrations, a proxy for sales, hitting their highest volumes in five years in Europe in 2025, though they remained well below pre-pandemic levels.WHY IT'S IMPORTANTEurope's car industry faces challenges including competition from China, U.S. import tariffs and difficulties in profitably meeting domest
Shares of Hindustan Zinc climbed as much as 4.5% to hit a fresh 52-week high of Rs 731 on the BSE on Tuesday, tracking a sharp rally in silver prices. The precious metal surged over 6% to scale new record highs, decisively crossing the key psychological level of $100 per troy ounce. The company's m-cap crossed Rs 3 lakh crore mark to become India's most valued metal company.On the MCX, Silver futures for March 5 delivery soared to Rs 3,54,530 per kg, rising Rs 19,831 or 5.93%, after touching a lifetime high of Rs 3,54,780. This follows a global rally where spot silver surged over 6% and hit a new record of $117.69 an ounce, before paring gains to trade around $110 per ounce. Silver has been on a stellar run in 2026, rallying nearly 50% in the first month. On the global stage, Hindustan Zin
